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ALFN WILLed | Mortgage Servicing from A to... I?
Associate Attorney, Johnny Dale Frevert, Jr., recently published article explores the impact that AI and ML have made on mortgage servicing and the entire financial industry to date!
DOWNLOAD PDF FILESNavigating the Consumer Contract Reciprocal Attorney's Fees Act (CCRAFA) in Illinois.
Stay informed on the intricacies of the latest legal developments in Illinois! Our latest article, written by Senior Associate, Daniel May delves into the recently enacted CCRAFA that goes into effect January 1, 2024
READ MOREIllinois Eases State-Wide Foreclosure Notice Requirements... but Beware of Local Ordinances Still at Play
Previously, under the Illinois Mortgage Foreclosure Law, lenders and servicers foreclosing on a residential property were required to send a notice of foreclosure to the municipality where the property is located, and for properties located in Chicago, to send a notice to the respective Alderman of Ward.[1] Illinois repealed this provision in June 2023, however, which will make the initial filing of foreclosures in Illinois move a bit faster.
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